Demand for tokenized precious metals is rising as investors seek round-the-clock safe-haven exposure through crypto-native markets rather than assets that trade only in traditional hours. Data from RWA.xyz shows the tokenized commodities sector expanded 10% over the past month to $7.69 billion in total market capitalization, while the number of holders rose 5.8% to 189,390.
Tether Gold (XAUT) accounts for the largest share with $2.96 billion onchain, followed by Paxos Gold (PAXG) at $2.56 billion. The growth highlights how real-world assets are taking on a larger role in crypto activity, enabling investors to get 24/7 blockchain-based exposure to gold, silver and other commodities and to transfer and trade those exposures via digital-asset infrastructure.
Crypto exchanges are also drawing attention from traders who want exposure to traditional assets through derivatives. Blockchain data platform CryptoQuant observed that activity in these products has spiked during periods of strong precious-metal momentum, such as recent rallies in gold and silver. CryptoQuant’s head of research, Julio Moreno, noted that daily volume was heavily concentrated in gold and silver contracts, which reached roughly $3.77 billion and $3.75 billion, respectively, on Tuesday.
Binance’s TradFi perpetual futures have seen rapid adoption since launching in January: CryptoQuant reports more than $130 billion in cumulative trading volume and about 90 million trades across those products. Analysts link the rising demand for tokenized commodities and heightened precious-metal activity to factors including tariff-related uncertainty, higher interest rates and stronger safe-haven demand.
As tokenized real-world assets expand, crypto venues are increasingly functioning as alternative markets for traditional-asset exposure, offering continuous trading and the interoperability of onchain instruments.